EU looks for ways to ease anti-Russian oil sanctions

    The countries of the European Union (EU) have excluded the ban on Russian oil from the sixth package of anti-Russian sanctions, DPA writes with a reference to diplomatic sources.

    Further coordination at the international level is needed to include this provision. However, Greece, Cyprus and Malta oppose the oil embargo, as it may unilaterally hamper the activities of their shipping companies, RIA Novosti reports.

    At the same time, the ban on European companies from insuring oil tankers carrying Russian oil remains in the sanctions package, and these actions may complicate the supply of oil from Russia to other countries.

    However, the European Commission (EC) is working to find solutions acceptable to all member countries on a possible embargo on Russian oil as part of the sixth package of anti-Russian sanctions, the official representative of the European Commission, Eric Mamer said today commenting on the visit of European Commission President Ursula von der Leyen to Hungary.

    ”During the visit, the European Commission's proposals for the sixth package of sanctions were discussed, including an oil embargo ... We have always recognized the existence of specific conditions in a number of countries and their legitimate concerns regarding the imposition of an embargo. We are working to find an acceptable solution to all related issues," he said , adding that during von der Leyen's visit to Hungary "the issue was discussed at the political and technical levels”, thus, the adoption of specific decisions was not on the agenda.

    According to the results of the talks between von der Leyen and Hungarian Prime Minister Viktor Orban, the head of the Hungarian Foreign Ministry Peter Szijjarto, there was some progress at the meeting, but much more needs to be discussed so that Budapest can change its position on the EU sanctions package, which includes an embargo on Russian oil.

    Recall that Hungary and a number of other EU countries are blocking the adoption of the sixth package of European sanctions against the Russian Federation due to disagreement with the oil embargo.

     

    Source - vesnikkavkaza.net


    #ECONOMY
    #OIL
    #POLITICS
    #SECURITY
    #EU
    #RUSSIA
    #PUTIN
    #DIPLOMACY
    #SANCTIONS

    11.05.2022 12:39





Latest news

    Georgia’s Constitutional Court Continues Case on Banning Opposition Parties: Political Pluralism at Stake

    12.Oct.2026

    Azerbaijan and Iran Step Up Security Contacts Amid Hijab Protests

    12.Oct.2026

    Personnel Shortages Complicate Ukrainian Forces’ Rotation: Ukraine Faces Long-Term Challenges on the Front Line

    11.Oct.2026

    Trump Eases Sanctions on Russian Fuel After Talks with Putin: Kyiv Fears Boost to Moscow’s War Revenues

    10.Oct.2026

    Putin Seeks to Strengthen Russia’s Influence in the Post-Soviet Space Through the CIS

    10.Oct.2026

    Russia and the South Caucasus: External Pressure, Political Competition and a Crisis of Trust

    10.Oct.2026

    Peaceful Settlement Between Armenia and Azerbaijan: Moving from Declarations to Implementation

    10.Oct.2026

    Moldova Ready to Accept as Many Ukrainians as Necessary if Situation Worsens This Winter

    09.Oct.2026

    Turkmenistan Turns Avaza into a Regional Diplomatic Hub as Caspian, Central Asian and CIS Agendas Converge

    08.Oct.2026

    Romania Scrambles Spanish F-18s After Aerial Targets Detected Near Ukrainian Border

    07.Oct.2026

    Berlin Deepens Defence Partnership with Kyiv: Germany to Provide Ukraine with €1 Billion in Military Aid

    07.Oct.2026

    European Parliament Against Georgian Dream: EU Prepares New Response to Tbilisi

    06.Oct.2026

    Bulgarian Foreign Minister to Discuss European Security and International Law in the Netherlands

    05.Oct.2026

    Rheinmetall in Bulgaria: Sofia Emerges as a New NATO Defence-Industrial Hub in the Balkans

    05.Oct.2026

    The Cost of a Long War: Moscow Expands Spending Plans Through 2029

    05.Oct.2026

All news